Legal claims defining the scope of protection. Each claim is shown in both the original legal language and a plain English translation.
1. A system, comprising: a computing device, wherein the computing device is configured to receive an electronic trading rule to be executed when a first news event value matches a second news event value to be known at a later time, wherein the second news event value originates from a source other than an electronic exchange that matches orders at prices for a tradeable object, wherein the computing device is configured to display on a graphical user interface a trading rule icon at a first location of a plurality of locations corresponding to news event values along an axis, wherein the first location corresponds to the first news event value; wherein the computing device is configured to receive a user command to adjust the trading rule icon on the graphical user interface via a user input device to be displayed at a second location corresponding to a third news event value, wherein after the adjustment of the trading rule icon to the second location on the graphical user interface, the computing device is configured to change the first news event value in the electronic trading rule to the third news event value, and wherein after the adjustment of the trading rule icon the electronic trading rule is to be executed when the third news event value matches the second news event value, wherein the computing device is configured to receive the second news event value before the adjustment of the trading rule icon, wherein the computing device is configured to execute the electronic trading rule when the second news event value matches the first news event value, wherein executing the electronic trading rule comprises generating a transaction message to be sent to the electronic exchange; and wherein the computing device is configured to provide a graphical indicator in relation to the trading rule icon on the graphical user interface to indicate a current stage of execution of the electronic trading rule.
This system relates to automated trading based on news events, addressing the challenge of executing trades when specific news event values match future values from external sources. The system includes a computing device that receives an electronic trading rule triggered when a first news event value matches a second news event value, which originates from a source outside an electronic exchange. The computing device displays a graphical user interface (GUI) with a trading rule icon positioned along an axis representing news event values. The icon's initial location corresponds to the first news event value. Users can adjust the icon to a new location, updating the first news event value to a third news event value, thereby modifying the trading rule to trigger when the third value matches the second value. The system receives the second news event value before any adjustments and executes the trading rule when the values match, generating a transaction message for the exchange. Additionally, the GUI provides a graphical indicator to show the current execution stage of the trading rule. This approach allows traders to dynamically adjust trading conditions based on real-time news data, improving responsiveness and flexibility in automated trading strategies.
2. The system of claim 1 , wherein the computing device is further configured to: update the graphical indicator as the current stage of execution of the electronic trading rule changes.
The system relates to electronic trading platforms and addresses the challenge of providing real-time visibility into the execution status of trading rules. In electronic trading, traders and system administrators need clear, dynamic feedback on the progress of automated trading rules to ensure proper operation and compliance. The system includes a computing device that monitors the execution of electronic trading rules and displays a graphical indicator representing the current stage of execution. The graphical indicator is dynamically updated as the rule progresses through different stages, such as initialization, validation, execution, and completion. This real-time feedback allows users to track the rule's status, identify potential issues early, and verify that the rule is functioning as intended. The system may also include additional features, such as rule configuration interfaces, execution logs, and alert mechanisms, to enhance monitoring and control. By providing a visual representation of the rule's execution stage, the system improves transparency and operational efficiency in electronic trading environments.
3. The system of claim 1 , wherein the first news event value comprises an estimated news event value, and wherein the second news event value comprises an actual news event value.
This invention relates to a system for analyzing and comparing news event values, particularly in financial or market prediction contexts. The system addresses the challenge of accurately assessing the impact of news events on financial markets by distinguishing between estimated and actual news event values. The system includes a data processing module that receives and processes news event data. It calculates a first news event value, which is an estimated value representing the predicted impact of a news event on a financial market or asset. This estimation may be based on historical data, predictive models, or other analytical techniques. The system also calculates a second news event value, which is the actual value representing the real-world impact of the news event after it occurs. By comparing these two values, the system can evaluate the accuracy of predictions and refine future models. The system may further include a comparison module that analyzes the difference between the estimated and actual news event values to assess prediction accuracy. This comparison can help identify biases, errors, or areas for improvement in predictive algorithms. The system may also include a user interface for displaying the estimated and actual values, along with any discrepancies, to stakeholders such as traders, analysts, or researchers. The overall goal is to enhance the reliability of news-driven financial predictions by systematically evaluating and refining predictive models.
4. The system of claim 1 , wherein the first news event value comprises an actual news event value, and wherein the second news event value comprises a revised news event value.
This invention relates to a system for processing and comparing news event values, particularly in scenarios where news events are updated or revised. The system addresses the challenge of accurately tracking and analyzing changes in news events, such as corrections, updates, or retractions, to ensure reliable information dissemination. The system includes a data processing module that receives and processes news event values. These values represent information related to news events, such as headlines, details, or metadata. The system distinguishes between an actual news event value, which is the original or initial version of the news event, and a revised news event value, which is a modified or updated version of the same event. The system compares these values to detect differences, track changes, and maintain an accurate historical record of the event's evolution. The system may also include a comparison module that analyzes the differences between the actual and revised news event values. This analysis can involve identifying specific changes, such as text modifications, date updates, or source corrections. The system may further include a storage module to store both the original and revised values, along with metadata indicating the nature and timing of the changes. This ensures transparency and allows users to access the complete history of the news event. The system is particularly useful in applications where accuracy and reliability are critical, such as news aggregation platforms, fact-checking tools, or automated reporting systems. By distinguishing between original and revised news event values, the system helps prevent misinformation and ensures that users receive the most up-to-date and accurate information.
5. The system of claim 1 , wherein to execute the electronic trading rule the computing device is further configured to send the transaction message to the electronic exchange.
The system relates to electronic trading and addresses the challenge of efficiently executing trading rules in high-frequency or algorithmic trading environments. The system includes a computing device that processes electronic trading rules, which define conditions for executing trades, such as price thresholds, volume limits, or timing constraints. The computing device monitors market data and evaluates these rules in real-time to determine when a trade should be executed. When a rule is triggered, the system generates a transaction message, such as an order or cancellation request, and sends it to an electronic exchange for execution. The system may also include additional components, such as a user interface for defining or modifying trading rules, a data storage system for logging transactions, and a network interface for communicating with exchanges. The system ensures rapid and accurate execution of trades by automating the decision-making process based on predefined rules, reducing latency and human error in trading operations.
6. The system of claim 1 , wherein the graphical indicator indicates that the electronic trading rule was activated for execution.
The system relates to electronic trading platforms and addresses the challenge of providing clear visual feedback to users when trading rules are activated. In electronic trading, rules such as price limits, order types, or risk controls are often applied automatically, but users may not immediately recognize when these rules are triggered. This can lead to confusion or missed opportunities. The system includes a graphical user interface (GUI) that displays a graphical indicator to signal when an electronic trading rule has been activated for execution. The indicator may appear as a visual element, such as a color change, icon, or text notification, directly on the trading interface. This ensures traders can quickly identify when a rule is in effect, improving decision-making and transparency. The system may also include additional features, such as logging rule activations or allowing users to customize the appearance of the indicator. By providing real-time feedback, the system enhances user awareness and control over automated trading processes.
7. The system of claim 1 , wherein the graphical indicator indicates that the transaction message was sent to the electronic exchange.
The system relates to financial transaction processing, specifically for providing visual feedback in electronic trading platforms. The problem addressed is the lack of clear indication to users when a transaction message is successfully transmitted to an electronic exchange, leading to uncertainty and potential errors in trading operations. The system includes a graphical user interface (GUI) that displays transaction messages and their status. A graphical indicator is used to confirm that a transaction message has been sent to the electronic exchange. This indicator provides immediate visual feedback to the user, reducing ambiguity and improving operational efficiency. The indicator may be a color change, an icon, or another visual element that clearly signals the transmission status. The system also includes a transaction processing module that handles the submission of transaction messages to the exchange. This module ensures that messages are properly formatted and transmitted according to exchange protocols. The GUI dynamically updates to reflect the current state of each transaction, including whether it has been sent, received by the exchange, or executed. The graphical indicator is designed to be easily recognizable, ensuring users can quickly verify the status of their transactions. This feature is particularly important in high-frequency trading environments where rapid decision-making is critical. The system may also include additional status indicators for other stages of the transaction lifecycle, such as confirmation of execution or error notifications. By providing clear visual feedback, the system enhances user confidence and reduces the risk of miscommunication or delayed actions in trading operations. The solution is applicable to various electron
8. The system of claim 1 , wherein the graphical indicator indicates different stages of execution of the transaction message at the electronic exchange.
The invention relates to systems for monitoring and displaying the execution status of transaction messages in electronic exchanges, such as financial markets. The problem addressed is the lack of real-time visibility into the processing stages of transaction messages, which can lead to inefficiencies, delays, or errors in high-frequency trading environments. The system includes a graphical user interface that displays a graphical indicator representing a transaction message. The graphical indicator visually conveys different stages of execution as the transaction message progresses through the electronic exchange. These stages may include submission, validation, matching, confirmation, and settlement. The system dynamically updates the graphical indicator in real-time to reflect the current stage, providing users with immediate feedback on the transaction's status. The graphical indicator may use color coding, shapes, or animations to distinguish between stages, ensuring clarity and quick recognition. For example, a green color may indicate successful submission, while a red color may signal an error or rejection. The system may also integrate with backend processing modules to track the transaction's lifecycle accurately. By providing a visual representation of execution stages, the system enhances transparency and reduces uncertainty in electronic trading, allowing traders and operators to take timely corrective actions if issues arise. The invention is particularly useful in high-speed trading environments where rapid decision-making is critical.
9. The system of claim 1 , wherein the transaction message comprises an order to buy or sell the tradeable object at the electronic exchange.
The system relates to electronic trading platforms that facilitate the buying and selling of tradeable objects, such as financial instruments, at an electronic exchange. A key challenge in such systems is efficiently processing and transmitting transaction messages to ensure timely execution of trades while maintaining system reliability and security. The system includes a transaction processing module that generates and transmits transaction messages to an electronic exchange. These messages contain orders to buy or sell tradeable objects, such as stocks, bonds, or derivatives. The system ensures that these orders are formatted correctly, validated, and routed to the appropriate exchange for execution. Additionally, the system may include features to optimize order routing, reduce latency, and handle high-frequency trading scenarios. Security measures, such as encryption and authentication, are implemented to protect transaction data during transmission. The system may also support various order types, including market orders, limit orders, and conditional orders, to accommodate different trading strategies. By automating the order generation and transmission process, the system enhances trading efficiency and reduces manual intervention, improving overall market participation.
10. The system of claim 1 , wherein the transaction message comprises an order to delete a working order quantity pending for the tradeable object at the electronic exchange.
The system relates to electronic trading platforms and addresses the challenge of efficiently managing pending orders for tradeable objects in real-time trading environments. The system includes a computing device that processes transaction messages related to tradeable objects, such as financial instruments, commodities, or other assets, traded on an electronic exchange. The system monitors and updates the status of working orders, which are active orders pending execution at the exchange. A key feature is the ability to handle transaction messages that include orders to delete a working order quantity for a specific tradeable object. This ensures that outdated or no longer relevant orders are removed from the exchange, preventing execution of unwanted trades and improving order management efficiency. The system dynamically adjusts the order book by canceling or modifying pending orders based on incoming transaction messages, ensuring accurate and up-to-date order statuses. This functionality is critical for maintaining liquidity and reducing market inefficiencies caused by stale or conflicting orders. The system may also include additional components for order validation, risk management, and real-time data processing to support high-frequency trading and automated trading strategies. By integrating these features, the system enhances the reliability and performance of electronic trading operations.
11. The system of claim 1 , wherein the trading rule icon is adjusted by dragging a boundary of the trading rule icon to the second location corresponding to the third event value along the axis.
The system relates to a graphical user interface for configuring trading rules in a financial trading platform. The problem addressed is the need for intuitive and precise adjustment of trading rule parameters, particularly when visualizing and modifying rule conditions based on event values along a defined axis. The system includes a graphical interface displaying trading rule icons, each representing a trading rule with conditions based on event values. Users can interact with these icons to adjust the rules. Specifically, the system allows a user to drag a boundary of a trading rule icon to a new position along an axis, where the axis represents event values. This adjustment corresponds to modifying the rule's condition to the new event value at the dragged position. For example, if the axis represents price levels, dragging the boundary changes the rule's trigger price. The system dynamically updates the rule's parameters in response to the drag operation, ensuring real-time feedback. This interaction method simplifies rule configuration by providing a visual and direct way to adjust conditions without manual input of numerical values. The system may also include additional features such as rule validation, conflict detection, and visualization of rule interactions to enhance usability.
12. The system of claim 1 , wherein the graphical indicator is color coded to indicate the current stage of execution of the electronic trading rule.
The system relates to electronic trading platforms and addresses the challenge of providing clear visual feedback to users regarding the execution status of trading rules. In electronic trading, users often implement automated rules to execute trades based on predefined conditions. However, tracking the real-time status of these rules can be difficult, leading to inefficiencies and potential errors. The system includes a graphical user interface that displays a graphical indicator associated with an electronic trading rule. This indicator is color-coded to visually represent the current stage of execution of the rule. For example, different colors may signify whether the rule is active, paused, completed, or encountered an error. The color-coding allows users to quickly assess the status without needing to interpret complex data or logs. The system may also include additional features such as rule configuration tools, execution monitoring, and performance analytics to enhance the trading experience. By providing intuitive visual feedback, the system improves user awareness and control over automated trading processes, reducing the risk of missed opportunities or unintended actions.
13. The system of claim 1 , wherein placement of the trading rule icon at the first location indicates that the electronic trading rule is to be executed when the second news event value falls within a user defined range of values from and including the first news event value.
This invention relates to electronic trading systems that use news events to trigger automated trading rules. The problem addressed is the need for a user-friendly way to define and visualize trading rules based on news event values, ensuring clarity and precision in rule execution. The system includes a graphical interface displaying a timeline of news events, each associated with a numerical value. Users can place a trading rule icon at a specific location on the timeline, representing a first news event value. The placement of the icon at this first location indicates that the associated electronic trading rule will execute when a second news event value falls within a user-defined range, including the first news event value. The range can be adjusted to control the sensitivity of the rule, allowing for precise control over when the rule triggers. The system also includes a method for defining the range, which may involve setting upper and lower bounds relative to the first news event value. The graphical interface visually represents the range, making it easy for users to understand and modify the rule's conditions. The trading rule itself can be any automated action, such as buying, selling, or adjusting a position, executed by the system when the second news event value meets the defined criteria. This approach improves the usability of news-driven trading systems by providing a clear, visual way to define and monitor trading rules based on dynamic news event values.
Unknown
June 2, 2020
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